Play AAPL With Options

Mark Sebastian

This commentary originally appeared at 11:02 a.m. EST on Options Profits – the information-packed Premium Service that delivers daily options trade ideas and trading tactics. Click here to learn more.

To say that Apple (AAPL) premiums are getting frothy is a bit of an understatement. They are getting rabid-dog-foaming-at-the-mouth frothy. Yes the stock is on a tear, and yes, there are people who will tell you it is still too cheap. There is a lot of excitement of this stock ahead of the iPad 3 announcement and possibly a 4G iPhone sometime late this year. That said, the stock has picked up $100 billion in market cap in just a month and continues to move quickly -- I am always wary of trying to chase a rocket. But given those caveats, there are a few metrics that we can use to our advantage:...232 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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